Elements_of_Microeconomics_2.16

Elements_of_Microeconomics_2.16 - lelo“ Q 7 Week...

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Unformatted text preview: ' . lelo“) Q»; 7% Week Uha‘lS 1 3:2 in H:Plx11PZ¥1 x, 1,; K P; L- I x2. - X .2- i‘MEP‘i ‘Pov JrVw migrates)! macs (Remhd Curve. Si.pr downward J gbtmand Curve 43)? x2, . [.N‘noflr happem. when P. ChanoézS 2.w1mfi hoppehs when ‘I Chem 0513 LeFIr Shoegfxzj 151949 h'f Shoes (50) P,:2_P, étfiofimifi “4’ ~P2'* 2P!“ '4 I I I X1 ‘ I - fibw ‘fhe demand Curves ghifls eggpghds an who Hm Owe th how Upe ~E‘es2\ abukfi m gears —dQ'{\\Cur\d cox-Ne wqw SMH 'm or ow. f. l J. .L L1-i_:4 ; hew fiepbrwiihq on whw m haw? ?—\ no loci Pk the;th in Income coh c2030 (Loxufiaa o. «353% m or- 00+ 0-? 11m: damahd WWQ. m «and Kama more. IhtéS'n-xc. abubiad FNEI dzmhel awe +2“ higher income— XL t 1 135$le Q dew-neat?» Luv-10. '“rxem is ho’mMj {h We mics of indimvehua. U-JNQ‘s "What SON 0L use. in Mu:an Wm {rdifi-‘evcm curve {com 135:1 Wake mam hug mom: 0? how goods. Rpm indimdual flamahd Civfimwr CLinth 3‘00??? ' down i— WKML change. hm [when oi" 1mqu 60. Shh in dmahd qu own +11: P. ,\l champ , muth draw new demand. curve. Ibonnahd wae; fin" 6mg Plfpn‘fl whm is XL demandm; "‘jou mama man demand LuNe when (31 CW \jbu cah eiWr Up or é) & )‘L I 'r Cenfiumew yelofiVeI ifidn'l’Fchn-d aboU-i good {00+ 6018371! "find. [easy +0 find 3U mum) Salaam #CGVH’ use, Slope, (bacouuSe 0-1“ onrtg) mu‘STU‘EQ {kepnes‘s “Ems-Huh“ Wma'SUt-CC; Purcerrt chahaz‘s. LUNG moukd add up [Miuiduql demand Ouwefi- . L _l.._ 1-;J- 1 ...
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This note was uploaded on 09/25/2009 for the course EN 530.201 taught by Professor Graham-brady during the Fall '09 term at Johns Hopkins.

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Elements_of_Microeconomics_2.16 - lelo“ Q 7 Week...

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